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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

When Curtis Mangus of Premier Mortgage Resources in Meridian, Idaho looked into pivoting into reverse after serving decades in the traditional mortgage business, he asked his managing partner at the lender about its reverse mortgage department. You are the reverse mortgage department,” he said. The partner smiled. “

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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

Mortgage 395
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With low inventory, house hunters are in full safari mode

Housing Wire

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. trillion in mortgage originations in 2021. The perplexing part: Why are home prices not declining in this environment?

Inventory 462
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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade. Other countries, including England, have developed digital national systems for processing and recording mortgage and property transactions.

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3 Payment Assistance Avenues Available on Path to Homeownership

Will Springer Realtor

There are programs established by state and local governments that provide buyers – mostly first-timers – with assistance to make a down payment or meet closing costs. The funds are typically repaid when buyers eventually sell the home or when refinancing their mortgage. Not exactly. Read the fine print!)

Buyers 64
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Fixer Uppers 101

Lamacchia Realty

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?